SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) Stake Cut by Millington Financial Advisors LLC

Millington Financial Advisors LLC cut its position in shares of SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 6.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,697 shares of the company’s stock after selling 2,305 shares during the quarter. SPDR S&P Health Care Equipment ETF accounts for about 2.1% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Millington Financial Advisors LLC owned about 0.50% of SPDR S&P Health Care Equipment ETF worth $2,671,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Telemus Capital LLC bought a new stake in SPDR S&P Health Care Equipment ETF in the fourth quarter valued at $545,000. SFI Advisors LLC bought a new stake in SPDR S&P Health Care Equipment ETF in the fourth quarter valued at $1,572,000. International Assets Investment Management LLC bought a new stake in SPDR S&P Health Care Equipment ETF in the fourth quarter valued at $9,228,000. Clear Creek Financial Management LLC lifted its stake in SPDR S&P Health Care Equipment ETF by 10.6% in the fourth quarter. Clear Creek Financial Management LLC now owns 3,754 shares of the company’s stock valued at $316,000 after buying an additional 361 shares during the last quarter. Finally, Blackston Financial Advisory Group LLC bought a new stake in SPDR S&P Health Care Equipment ETF in the fourth quarter valued at $377,000.

SPDR S&P Health Care Equipment ETF Stock Up 1.8 %

XHE stock traded up $1.51 during mid-day trading on Tuesday, reaching $83.19. The company had a trading volume of 29,951 shares, compared to its average volume of 34,092. The stock has a market capitalization of $266.21 million, a P/E ratio of 30.97 and a beta of 1.11. SPDR S&P Health Care Equipment ETF has a one year low of $66.20 and a one year high of $99.68. The stock’s 50-day simple moving average is $85.09 and its two-hundred day simple moving average is $80.48.

SPDR S&P Health Care Equipment ETF Profile

The SPDR S&P Health Care Equipment ETF (XHE) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of U.S. health care equipment and supplies companies. XHE was launched on Jan 26, 2011 and is managed by State Street.